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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 971.6 $ 950.8 $ 2,944.7 $ 2,756.5
Cost of goods sold 813.3 810.1 2,469.1 2,344.9
Gross profit 158.3 140.7 475.6 411.6
Selling, general and administrative expenses 65.5 64.0 204.6 182.6
Operating income 92.8 76.7 271.0 229.0
Interest expense (24.8) (25.1) (74.7) (75.2)
Investment income 0.6 0.7 2.0 1.3
Other income (expense), net 6.7 (0.8) 10.9 0.5
Income before income taxes 75.3 51.5 209.2 155.6
Income tax expense 14.4 7.5 36.5 25.8
Net income $ 60.9 $ 44.0 $ 172.7 $ 129.8
Basic earnings per share $ 0.78 $ 0.57 $ 2.22 $ 1.68
Diluted earnings per share $ 0.78 $ 0.57 $ 2.21 $ 1.68